NICKEL MCX TIPSNickel Mcx Tips – Nickel Buy Call 2233 given at 830.50 Achieved 1st Target 842 (Made 842.20 at 10:09am) Profit made 11.50 Points per lotTIPS ID 2233 : Today Nickel Tips - BUY Nickel at CMP 830.50 for Target 842 - 852 with SL 819.10 Read More
Copper Tips – Risk Taker Buy Copper at CMP 355.80 for Target 358.80 – 360.80 with Small SL 353.30 Read More
Today Nickel Tips – BUY Nickel at CMP 830.50 for Target 842 – 852 with SL 819.10 Read More
Here are five Fastmarkets stories you might have missed on Friday March 20 that are worth another look.Slab export prices from Brazilian producers dropped sharply in the week ended March 20, with customers avoiding purchases amid uncertainty about the spread of the 2019-nCoV coronavirus pandemic.The London Metal Exchange will temporarily close its open outcry trading floor and go to electroni...Read More
Here are five Fastmarkets stories you might have missed on Friday March 20 that are worth another look.Slab export prices from Brazilian producers dropped sharply in the week ended March 20, with customers avoiding purchases amid uncertainty about the spread of the 2019-nCoV coronavirus pandemic.The London Metal Exchange will temporarily close its open outcry trading floor and go to electroni...Read More
Here are five Fastmarkets stories you might have missed on Friday March 20 that are worth another look.Slab export prices from Brazilian producers dropped sharply in the week ended March 20, with customers avoiding purchases amid uncertainty about the spread of the 2019-nCoV coronavirus pandemic.The London Metal Exchange will temporarily close its open outcry trading floor and go to electroni...Read More
Here are five Fastmarkets stories you might have missed on Friday March 20 that are worth another look.Slab export prices from Brazilian producers dropped sharply in the week ended March 20, with customers avoiding purchases amid uncertainty about the spread of the 2019-nCoV coronavirus pandemic.The London Metal Exchange will temporarily close its open outcry trading floor and go to electroni...Read More
Liberty Steel Group will halt operations at its Dudelange-Liege steelmaking sites tomorrow, sources told Fastmarkets on Friday, March 20.Liberty Steel Group will halt operations at its Dudelange-Liege steelmaking sites tomorrow, the company told Fastmarkets on Friday, March 20.A spokesman confirmed that all three Liberty Liege-Dudelange production sites - at Fl?(C)mal...Read More
The China Iron & Steel Association (Cisa) has said that iron ore indices should be based on "real market transactions rather than being influenced by futures and swaps curves."In an interview with Xinhua News Agency last weekend, Cisa vice-chairman and director Luo Tiejun warned that market participants should be cautious about speculative risks, because some iron ore indices were "devia...Read More
Vale's iron ore distribution and blending center at the Teluk Rubiah Maritime Terminal (TRMT) in Malaysia will continue working after all, Vale said on Friday March 20, having earlier warned that operations might be suspended at the end of the month.On Wednesday March 18, the miner had said that operations at the terminal could be suspended until March 31 due to the impact of local gover...Read More
Here are five Fastmarkets stories you might have missed on Friday March 20 that are worth another look.Slab export prices from Brazilian producers dropped sharply in the week ended March 20, with customers avoiding purchases amid uncertainty about the spread of the 2019-nCoV coronavirus pandemic.The London Metal Exchange will temporarily close its open outcry trading floor and go to electroni...Read More
Here are five Fastmarkets stories you might have missed on Friday March 20 that are worth another look.Slab export prices from Brazilian producers dropped sharply in the week ended March 20, with customers avoiding purchases amid uncertainty about the spread of the 2019-nCoV coronavirus pandemic.The London Metal Exchange will temporarily close its open outcry trading floor and go to electroni...Read More
While countries start to lock down their borders to prevent the spread of the novel coronavirus (2019-nCoV), mining companies are beginning to halt production, delay projects and withdraw staff. It is a natural response to a very unexpected situation that would only worsen if left unchecked. For the mining sector, it means a raft of production from projects and operations around the world is being...Read More
If global financial markets had been operating under a pervading sense of uncertainty due to the impact of the novel coronavirus (2019-nCoV), they now appear to be veering on panic.Oil prices have suffered their biggest one-day collapse since the 1991 Gulf War following Saudi Arabia's declaration of a price war on Russia through a shock move to hike oil production. S&P Dow Jones Indices was forced...Read More
The novel coronavirus (2019-nCoV) is set to accelerate what the trade wars started: the diversification of global supply chains. Both events have demonstrated just how interconnected the global economy is and have provided a wake-up call to businesses worldwide that it might be time to reduce their reliance on China as the workshop of the world. Of course, that's easier said than done. China is th...Read More
The new issue of Aluminium Market Tracker is now online at metalbulletinresearch.com.In this edition, Fastmarkets' research team delivers key insights and forecasts into aluminium markets around the world.Aluminium price down 2.3% week-on-week amid stock market sell-offGlobal markets remain rattled by the spread of the novel coronavirus (2019-nCOV) across Europe and the United States. Panic-sellin...Read More
The new issue of the Seamless OCTG & Linepipe Market Tracker is now online at metalbulletinresearch.com.In this edition, Fastmarkets' research team delivers analysis of seamless OCTG and linepipe across international markets:Covid-19 underscores pipe outlookUnsurprisingly, the concern in the seamless pipe markets across the regions is the effect of the spread of Covid-19 on public health and econo...Read More
The new issue of the Steel Market Tracker is now online at metalbulletinresearch.com.In this edition, Fastmarkets' research team delivers key insights and forecasts into the long and flat products markets.This week's risks to our latest flat-rolled forecasts:The Chinese government is stepping up help to the economy, increasing banks' liquidity. But the spread of the coronavirus worldwide is likely...Read More
The rebounds in the metals toward the end of last week do seem to have been countertrend moves as expected; this morning, Monday March 23, the base metals are down across the board on the London Metal Exchange and Shanghai Futures Exchange. Asian Pacific equity indices were mainly lower this morning, the exception was Japan’s Nikkei, but it was closed on Friday for a national holiday, as such...Read More
U.S. equity index futures were higher this morning. Equity index futures dropped their regulated limit in overnight trading, but recovered strongly after the Federal Reserve indicated unlimited Quantitative Easing through purchase of U.S. Treasury bonds. S&P 500 futures advanced 32 points in pre-opening trade.Boeing gained $1.03 to $96.04 after Goldman Sachs upgraded the stock to Buy. Visa dro...Read More